Trip.com ADR Earnings Beat, Revenue Misses In Q2
2022.09.01 07:10
Trip.com ADR Earnings Beat, Revenue Misses In Q2
Investing.com – Trip.com ADR reported on Wednesday second quarter earnings that beat analysts’ forecasts and revenue that fell short of expectations.
Trip.com ADR announced earnings per share of 0.2055 on revenue of 3.58B. Analysts polled by Investing.com anticipated EPS of 0.1677 on revenue of 3.61B.
Trip.com ADR shares are up 4% from the beginning of the year, still down 22.69% from its 52 week high of 33.27 set on October 15, 2021. They are outperforming the Nasdaq which is down 24.47% from the start of the year.
Trip.com ADR follows other major Consumer Discretionary sector earnings this month
Trip.com ADR’s report follows an earnings beat by Home Depot on August 16, who reported EPS of 5.05 on revenue of 43.79B, compared to forecasts EPS of 4.95 on revenue of 43.36B.
Alibaba ADR had beat expectations on August 4 with second quarter EPS of 11.73 on revenue of 205.56B, compared to forecast for EPS of 10.7 on revenue of 203.47B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
